House Minority Leader Hakeem Jeffries (D-N.Y.) has privately floated embracing the wholesale elimination of the debt limit next year rather than simply raising it, Axios has learned. Why it matters: President-elect Trump will almost certainly need Democratic votes when the debt limit’s “X-date” is reached — which experts say could be as soon as mid-June. Republicans have a significant bloc of debt and deficit hawks who will likely vote against…
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